Westlake Chemical Corporation is a specialty chemicals business based in the US. Westlake Chemical Corporation shares (WLK) are listed on the NYSE and all prices are listed in US Dollars. Westlake Chemical Corporation employs 15,520 staff and has a trailing 12-month revenue of around $12.2 billion.
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| Latest market close | $142.71 |
|---|---|
| 52-week range | $111.57 - $162.12 |
| 50-day moving average | $151.22 |
| 200-day moving average | $141.75 |
| Wall St. target price | $159.27 |
| PE ratio | 72.815 |
| Dividend yield | $1.857 (1.37%) |
| Earnings per share (TTM) | $2.00 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $142.71 from 2024-07-25
| 1 week (2024-07-19) | -2.01% |
|---|---|
| 1 month (2024-06-27) | -2.25% |
| 3 months (2024-04-26) | -4.57% |
| 6 months (2024-01-26) | 1.08% |
| 1 year (2023-07-27) | 5.86% |
|---|---|
| 2 years (2022-07-27) | 50.92% |
| 3 years (2021-07-27) | 72.57% |
| 5 years (2019-07-26) | 114.66% |
Valuing Westlake Chemical Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Westlake Chemical Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Westlake Chemical Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 73x. In other words, Westlake Chemical Corporation shares trade at around 73x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Westlake Chemical Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.59. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Westlake Chemical Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Westlake Chemical Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.9 billion.
The EBITDA is a measure of a Westlake Chemical Corporation's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $12.2 billion |
|---|---|
| Operating margin TTM | 7.63% |
| Gross profit TTM | $4.1 billion |
| Return on assets TTM | 2.75% |
| Return on equity TTM | 2.77% |
| Profit margin | 2.13% |
| Book value | $80.35 |
| Market Capitalization | $18.7 billion |
TTM: trailing 12 months
Dividend payout ratio: 30.44% of net profits
Recently Westlake Chemical Corporation has paid out, on average, around 30.44% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.37% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Westlake Chemical Corporation shareholders could enjoy a 1.37% return on their shares, in the form of dividend payments. In Westlake Chemical Corporation's case, that would currently equate to about $1.857 per share.
While Westlake Chemical Corporation's payout ratio might seem fairly standard, it's worth remembering that Westlake Chemical Corporation may be investing much of the rest of its net profits in future growth.
Westlake Chemical Corporation's most recent dividend payout was on 5 June 2024. The latest dividend was paid out to all shareholders who bought their shares by 19 May 2024 (the "ex-dividend date").
Westlake Chemical Corporation's shares were split on a 2:1 basis on 18 March 2014. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Westlake Chemical Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Westlake Chemical Corporation shares which in turn could have impacted Westlake Chemical Corporation's share price.
Over the last 12 months, Westlake Chemical Corporation's shares have ranged in value from as little as $111.573 up to $162.1248. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Westlake Chemical Corporation's is 1.199. This would suggest that Westlake Chemical Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Westlake Corporation engages in the manufacture and marketing of performance and essential materials, and housing and infrastructure products in the United States, Canada, Germany, China, Mexico, Brazil, France, Italy, Taiwan, and internationally. The company operates through two segments: Performance and Essential Materials and Housing and Infrastructure Products. The Performance and Essential Materials segment offers ethylene, polyethylene, styrene, chlorinated derivative products, ethylene dichloride, vinyl chloride monomer, polyvinyl chloride (PVC), epoxy specialty resins, and base epoxy resins and intermediaries, as well as chlor-alkali, such as chlorine and caustic soda. The Housing and Infrastructure Products segment provides residential PVC sidings; PVC trim and mouldings; architectural stone veneers; windows; PVC decking; PVC films for various inflatables, wallcovering, and tape and roofing applications; polymer composite and cement roof tiles; PVC pipes and fittings for various water, sewer, electrical, and industrial applications; PVC compounds used in various housing, medical, and automobile products; and consumer and commercial products, such as landscape edging; industrial, home, and office matting; marine dock edging; and masonry joint controls. It offers its products to chemical processors, plastics fabricators, small construction contractors, municipalities, and supply warehouses for use in various consumer and industrial markets, including residential construction, flexible and rigid packaging, automotive products, healthcare products, water treatment, wind turbines, and coatings, as well as other durable and non-durable goods. The company was formerly known as Westlake Chemical Corporation and changed its name to Westlake Corporation in February 2022. Westlake Corporation was founded in 1986 and is headquartered in Houston, Texas.
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